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[Fortune] A baby formula shortage gripping the U.S. since March has parents in a panic over where and when they’ll be able to find the products they need to feed their kids. The out-of-stock rate, representing the amount of formula that’s not in stock compared to what’s typically available, was […]
[TIME, Getty Images] Bitcoin took a brutal fall on Monday, briefly dipping below $30,000 for the first time since July 2021. The world’s largest cryptocurrency is now worth less than half of what it was in the fall. Other cryptocurrencies, like Ether and BNB, have seen similar falls, while trading […]
[Fortune, Getty Images] Bitcoin and other cryptocurrencies continued their tumble on Monday after a harsh weekend led to the lowest prices seen so far this year. Bitcoin’s price is now 50% down from its peak as the crypto plunge continues Total U.S. cases of COVID could more than double late […]
(CNN) Against the backdrop of the water crisis in the Colorado River Basin, where the country’s largest reservoirs are plunging at an alarming rate, California’s two largest reservoirs — Shasta Lake and Lake Oroville — are facing a similar struggle. Years of low rainfall and snowpack and more intense heat waves have fed […]
[Forbes, Bloomberg] Gucci clients will soon be able to pay for the luxury fashion they buy in cryptocurrencies like Bitcoin BTC, Ethereum ETH, Ethereum Cash ETC, Dogecoin DOGE, shiba inu, wrapped bitcoin, life Coin, and other digital currencies in select U.S. stores. Starting at the end of May, Gucci will accept cryptocurrencies […]
[Bloomberg, Reuters] In the shadow of Dubai’s sail-shaped Burj Al Arab hotel, crypto executives rubbed shoulders with Emirati royals, Wall Street bankers and Instagram influencers. The festivities in late March were organised by Binance Holdings Ltd. in its de facto home of the United Arab Emirates, which is fast becoming […]
[BankRates, Getty Images] If you’re looking for an investment with a high interest rate, inflation protection and the safety of government backing, then Series I bonds could be an attractive addition to your portfolio. The interest rate on these bonds increases as inflation rises, ensuring that your payout keeps pace […]
[Associated Press, Fox News] A man told investigators that he was making $2,000 a day selling marijuana from a vending machine attached to his Detroit home, federal agents said. The man, who has a felony record, was arrested last week and charged with illegally possessing guns. He explained how he […]
[Markets Insider, CryptoPunks/Rokas Tenys] NFT sales had a breakthrough year in 2021, and over the past 12 months, volume has hit $25 billion. But after nearing $1 billion in a single week in January, NFT sales have slowed amid an ongoing bear market in cryptocurrencies. The cryptocurrency boom over the […]
[NBC NEWS] Liquor giant Bacardi said Tuesday that American Airlines hasn’t paid the tab for hundreds of cases of cognac that vanished from a flight between Paris and Los Angeles last year, according to a lawsuit filed Tuesday in federal court. A lawyer for Florida-based Bacardi U.S.A. demanded that the […]